Compute sharing service BitDeer launches in partnership with BTC.com and AntPool

Wednesday, December 12, 2018

BitDeer announced today its official launch as a computing power-sharing platform and strategic partnerships with BTC.com and AntPool, two of the largest cryptocurrency mining pools.

BitDeer allows global users to mine bitcoin and other proof-of-work protocols without the technical challenges of running a cryptocurrency mining operation. It enables aspiring miners to dive right into the world of cryptocurrency mining and provides a white glove service solving the complexities of purchasing, installing and hosting mining machines by providing professionally-managed hardware miners at the world’s leading server colocation centers.

“BitDeer’s proprietary real-time computing power allocation technology allows users to be connected to a designated mining pool and offers daily payouts directly to the user’s chosen wallet address. This is a new cryptocurrency mining model that will change the industry landscape. Utilizing the strategic partnership with BitDeer, AntPool looks forward to better serving individual miners all over the globe.”

Xin Tian, co-founder of AntPool

The platform’s mission is to provide a transparent, reliable, convenient and first-class computing power-sharing service to users around the world. “With small computing power plans that start at less than $10 and durations as short as 30 days, BitDeer aims to provide flexible service terms and competitive pricing.

“We are extremely excited about the strategic partnerships with BTC.com and AntPool, ensuring stable and professional mining pool support for both our platform and our users. Directly connected with the world’s largest mining pools, individual miners can monitor the mining process and their revenue.”

Celine Lu, CEO of BitDeer

The recent market correction of bitcoin has led to the second highest drop in the difficulty of mining Bitcoin with a “-15.13%” adjustment according to BTC.com. The opportunity to successfully mine a bitcoin has increased as “weaker hands” have been forced out of the market. Professional operations such as BitDeer are able to mine for cryptocurrencies due to the economy of scale and lower energy costs.

“Major players will keep building their competitive edge by running large mining pools, while individual miners can benefit with a slice of the pie by joining computing power-sharing platforms. Because of this, BTC.com greatly values the partnership with a platform like BitDeer and is looking forward to reaching more individual miners.”

After years of experience in cryptocurrency mining industry, Zhong Zhuang, CEO of BTC.com, believes Bitcoin mining will continue to be a great endeavor for both major players and individual miners.